UPDATE: Citi Upgrades TD Ameritrade Holding To Buy

By Steven Anfield
Benzinga Staff Writer
September 16, 2011 9:23 AM

Symbols: AMTD

Tags: Citi

Posted in: Analyst Color, Upgrades, Analyst Ratings

According to Citi, TD Ameritrade Holding (NASDAQ: AMTD) is upgraded to Buy.

Citi said that it upgrades its investment opinion from Hold to Buy. “AMTD is less expensive; has less downside risk to consensus with greater ST trading leverage. While SCHW is also washed out, we see 3Q negative catalyst to F12-13 consensus.”

TD Ameritrade Holding closed yesterday at $14.90.

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UPDATE: Citi Upgrades TD Ameritrade Holding To Buy

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